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Marc Gerson Quoted on Potential "Blue Book" Technical Corrections in Bloomberg Tax

"Tax 'Blue Book' to Revive Lawmakers' Technical Fixes Standoff"

Bloomberg Tax

Marc Gerson was quoted on the pending release of the "Blue Book" prepared by the Joint Committee on Taxation, which will include potential technical corrections to the Inflation Reduction Act. One question for 2023 will be whether the identification of fixes needed for the Inflation Reduction Act could spur a deal on correcting both parties' tax laws, possibly including some corrections left over from the Affordable Care Act, Gerson said, noting that the politicization of the process has slowed down what had been a bipartisan effort. "It's a larger question," he added. "There just hasn't been one in such a long time that, perhaps they could strike a deal, but it's unclear."